The 20-year Turkish-US deal signed in Washington on September 25 during Turkish President Tayyip Erdoğan’s meeting with US President Donald Trump marks a new chapter in energy and geopolitics balance. The agreement between BOTAŞ and US producers is more than a long-term supply contract; it is a clear signal of Türkiye’s determination to reduce dependence
Despite dozens of agreements and protocols signed over the years between Türkiye and Turkmenistan, we have yet to see the gas molecules flow. However, according to the announcement by Energy and Natural Resources Minister Alparslan Bayraktar, if no setbacks occur, natural gas from Turkmenistan will begin flowing to Türkiye starting March 1st through a new
I generally view with skepticism the memorandums of understanding signed between countries. Often, they possess a seriousness just slightly beyond mere intent declarations: they do not bind the parties, are laden with political messages, and frequently signify little more than “we had a written outcome from our discussions.” Especially during presidential-level visits, if you look
Turkish Energy Minister Alparslan Bayraktar told the Financial Times on April 28 that negotiations were continuing with the US energy giant Exxon Mobil for 2.5 million tons of liquefied natural gas (LNG) worth 1.1 billion dollars. The Minister was talking about Türkiye’s need to diversify its resources to avoid being dependent on “a single supplier”;
Turkish President Tayyip Erdoğan asked Russian President Vladimir Putin for a unilateral ceasefire in Ukraine to support peace and negotiation efforts, in a written statement by the Turkish Presidential Office on January 5. The statement was issued following a telephone conversation between Erdoğan and Putin. Türkiye has been in contact both with Putin and Ukrainian
Turkish President Recep Tayyip Erdoğan announced on December 26 that one of Türkiye’s 3 drilling ships working in Black Sea has discovered new natural gas reserve of 58 billion cubic meters worth 1 trillion dollars. “Thus, our gas reserve in the Black Sea has increased by 170 billion cubic meters and reached 710 billion cubic